Denmark Long-term Care Software Market Size & Outlook
Denmark long-term care software market, 2018-2030 (US$M)
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Denmark long-term care software market highlights
- The Denmark long-term care software market generated a revenue of USD 21.0 million in 2023 and is expected to reach USD 37.1 million by 2030.
- The Denmark market is expected to grow at a CAGR of 8.4% from 2024 to 2030.
- In terms of segment, electronic health records (ehr) was the largest revenue generating application in 2023.
- Electronic Health Records (EHR) is the most lucrative application segment registering the fastest growth during the forecast period.
Long-term care software market data book summary
| Market revenue in 2023 | USD 21.0 million |
| Market revenue in 2030 | USD 37.1 million |
| Growth rate | 8.4% (CAGR from 2023 to 2030) |
| Largest segment | Electronic health records (ehr) |
| Fastest growing segment | Electronic Health Records (EHR) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Electronic Health Records (EHR), Electronic Medication Administration Record (eMAR), Revenue Cycle Management (RCM), Resident Care, Staff Management |
Other key industry trends
- In terms of revenue, Denmark accounted for 0.4% of the global long-term care software market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK long-term care software market is projected to lead the regional market in terms of revenue in 2030.
- Denmark is the fastest growing regional market in Europe and is projected to reach USD 37.1 million by 2030.
Electronic health records (ehr) was the largest segment with a revenue share of 29.52% in 2023. Horizon Databook has segmented the Denmark long-term care software market based on electronic health records (ehr), electronic medication administration record (emar), revenue cycle management (rcm), resident care, staff management covering the revenue growth of each sub-segment from 2018 to 2030.
Denmark has one of the world’s most advanced digital public health systems. Denmark is at the forefront of advanced IT frameworks in hospitals, LTC centers, and general practitioner centers. It provides enhanced digital communication tools in the healthcare sector, which improves the overall effectiveness of healthcare professionals.
In Denmark, the population health data is stored, monitored, and analyzed by the Danish Health Data Authority and the Ministry of Health. The Danish healthcare system has been transformed recently to focus on PHM, prevention, and equity to enhance the population’s health status.
For instance, in February 2024, Danish Regions announced the launch of the National Board for Digitization and Data in Health and Elderly (Nationale bestyrelse for digitalisering og data på sundhedsog ældreområdet), effective from January 2024.
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Long-Term Care Software Market Scope
Long-Term Care Software Market Companies
| Name | Profile | # Employees | HQ | Website |
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Denmark long-term care software market size, by application, 2018-2030 (US$M)
Denmark Long-Term Care Software Market Outlook Share, 2023 & 2030 (US$M)
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